In a word to shoppers — as famous by way of^( — KGI Securities analyst Ming-Chi Kuo reiterates contemporary experiences that Apple’s HomePod sales are disappointing. He says the tech large is considering a lower-priced wi-fi speaker to deal with the location.
“It’s been six years since Apple offered Siri to the marketplace, which used to be manner forward of the company’s primary competition. The huge inhabitants of iOS and macOS customers could also be conducive to the promotion of the voice assistant serve as,” Kuo says. “However, we word that for many customers international, Siri isn’t a must-have serve as, and Apple has no longer but change into a main logo within the AI voice assistant marketplace. We additionally word that HomePod has no longer added beef up for brand spanking new languages within the software since release, suggesting Apple is going through demanding situations in AI/voice assistant building spanning the globe; this will likely cap the shipments momentum of HomePod.”
The analyst mentioned Apple is “mulling” a “cheap model” of the HomePod that can assist non permanent shipments. However, he says it’s going to take enhancements to each the wi-fi speaker and Siri to spice up sales.
The Sellers Research Group (that’s me) thinks that Apple will cut back the cost of the HomePod a bit — however NOT by way of $150 or $200, as some have predicted. I’m additionally much less susceptible to suppose that the tech large will cut back a smaller speaker than that the corporate will introduce a good upper finish style.